Cryptocompare,
MVIS Power New Crypto-Asset Index for Institutional Investors in Japan
MV Index Solutions (MVIS) and
Intelligence Unit (IU), a global provider of quantitative research, have
announced a collaboration with the Nomura Research Institute (NRI) to launch
the NRI/IU Crypto-Asset Index, which will use crypto-asset index platforms provided
by MVIS and CryptoCompare.
The NRI/IU Crypto-Asset Index
is the first crypto-asset benchmark for institutional investors in Japan,
offering Japanese financial institutions and global investors an investment
solution in the cryptocurrency space. The index offers a reference point for
evaluating performance through benchmarks created with a clear, transparent
methodology.
The index was created with
crypto exchanges and local availability in mind, as well as custody solutions
and both JPY and USD. The NRI/IU Crypto-Asset Index includes Bitcoin,
Ethereum, Bitcoin Cash, Litecoin, and XRP.
Akihiro Niimi, CEO of
Intelligence Unit, said:
“Strong demand from institutional investors
is contributing to the growth of crypto-asset funds, and well-diversified
products like index funds are attractive as alternative investments. We will
bridge the traditional financial world and the crypto-asset world by
providing institutional grade crypto-asset benchmarks, further establishing
the status of crypto-assets as alternative investments”
Thomas Kettner, Managing
Director at MVIS, said the firm is happy to offer its services to the
Japanese market, while Charles Hayter, co-founder and CEO of CryptoCompare,
said the firm is excited to offer institutional investors in Japan the first
crypto-asset investible index.
